Group I Pool Balance definition

Group I Pool Balance. (PO Portion): As of any Distribution Date, the sum of the amounts for each Group I Mortgage Loan that is an Outstanding Mortgage Loan of the product of (i) the PO Fraction for such Mortgage Loan and (ii) the Scheduled Principal Balance of such Mortgage Loan.
Sample 1Sample 2Sample 3
Group I Pool Balance. As to any Distribution Date, the aggregate Scheduled Principal Balances of all Group I Mortgage Loans that were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.
Sample 1Sample 2Sample 3
Group I Pool Balance. The Pool Balance relating to the Group I Mortgage Loans.
Sample 1Sample 2Sample 3

Examples of Group I Pool Balance in a sentence

  • The aggregate principal amounts payable by Obligors under the Group I Contracts as of the Cut-Off Date (including scheduled principal payments due on or after the Cut-Off Date but paid prior to the Cut-Off Date) equal or exceed the Cut-Off Date Group I Pool Balance.

  • The right of the Depositor to purchase all of the Group I Mortgage Loans pursuant to Section 9.01 hereof shall be conditioned upon the Group I Pool Balance being less than $74,997,884.99 (10% of the Cut-Off Date Loan Group I Aggregate Principal Balance) at the time of any such purchase.

  • The assumed exercise of these stock options had an immaterial dilutive effect on earnings per share for 1995 and 1994 and an anti-dilutive effect on the loss per share for 1993.

  • The exercise of either option will effect early retirement of the related Certificates, the Depositor's right to exercise either option being subject to the Group I Pool Balance or Group II Pool Balance, as applicable, as of the Distribution Date upon which the proceeds of such repurchase are distributed being less than ten percent of the Cut-Off Date Group I Aggregate Principal Balance or Cut-Off Date Group II Aggregate Principal Balance, as the case may be.

  • The Distribution Date following the Due Period at the end of which the sum of the Group I Pool Balance and Group II Pool Balance is less than 10% of the sum of the Cut-Off Date Pool Balance for each Loan Group.


More Definitions of Group I Pool Balance

Group I Pool Balance and “Group II Pool Balance” means, at any time, the aggregate principal balance of the Group I or Group II Student Loans, respectively, at the end of the preceding Collection Period (including accrued interest thereon for such Collection Period to the extent such interest will be capitalized upon commencement of repayment or during deferment or forbearance), after giving effect to the following without duplication: (i) all payments received by the Trust related to the Group I or Group II Student Loans, as applicable, during such Collection Period from or on behalf of borrowers, Guarantors and the Department, as applicable, (ii) all Purchase Amounts received by the Trust related to the Group I or Group II Student Loans, as the case may be, for such Collection Period from the Depositor (or KBNA acting on its behalf) or the Master Servicer (or any Subservicer acting on its behalf), and (iii) all losses realized on Group I or Group II Student Loans, as applicable, liquidated during such Collection Period.
Sample 1Sample 2
Group I Pool Balance. For any date, the aggregate outstanding Loan Balance of the Home Equity Loans in Loan Group I as of the close of business on such date.
Sample 1Sample 2Sample 3
Group I Pool Balance means the sum of the aggregate Loan Balance of the Home Equity Loans in Group I as of the end of the related Due Period plus the Pre-Funded Amount with respect to Group I as of the end of the related Due Period.
Sample 1
Group I Pool Balance and “[Group II] Pool Balance” means, at any time, the aggregate principal balance of the [Group I] or [Group II] Student Loans, respectively, at the end of the preceding Collection Period (including accrued interest thereon for such Collection Period to the extent such interest will be capitalized upon commencement of repayment or during deferment or forbearance), after giving effect to the following without duplication: (i) all payments received by the Trust related to the [Group I] or [Group II] Student Loans, as applicable, during such Collection Period from or on behalf of borrowers, Guarantors and the Department, as applicable, (ii) all Purchase Amounts received by the Trust related to the [Group I] or [Group II] Student Loans, as the case may be, for such Collection Period from the Depositor (or KBNA acting on its behalf) or the Master Servicer (or any Sub-Servicer acting on its behalf), (iii) all Additional Fundings made from the [Group I] or [Group II] Escrow Account, as applicable, and the [Group I] or [Group II] Pre-Funding Account, as applicable, with respect to such Collection Period and (iv) all losses realized on [Group I] or [Group II] Student Loans, as applicable, liquidated during such Collection Period.
Sample 1

Related to Group I Pool Balance

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Average Principal Balance means for any Monthly Period in which a Reset Date occurs, the sum of (i) the Aggregate Principal Receivables determined as of the close of business on the last day of the prior Monthly Period, multiplied by a fraction the numerator of which is the number of days from and including the first day of such Monthly Period, to but excluding the related Reset Date, and the denominator of which is the number of days in such Monthly Period, and (ii) for each such Reset Date, the product of the Aggregate Principal Receivables determined as of the close of business on such Reset Date, multiplied by a fraction, the numerator of which is the number of days from and including such Reset Date, to the earlier of the last day of such Monthly Period (in which case such period shall include such date) or the next succeeding Reset Date (in which case such period shall exclude such date), and the denominator of which is the number of days in such Monthly Period.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.